in most situations I have found that if you want to rollover funds from say a 401K to a Roth IRA, you must first rollover into a traditional or rollover IRA then convert that into a Roth… Of course you may incur fees and other costs to do so.
My question is, could you get around those fees by (using TDAmeritrade’s $500 minimum as an example) Opening a Roth with $500 and then rolling over additional funds from an existing 401K into the Roth? Or would you still have to rollover into a traditional IRA?
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